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RYA Ryanair Holdings Plc

14.415
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ryanair Holdings Plc LSE:RYA London Ordinary Share IE00BYTBXV33 ORD EUR0.006 (CDI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 14.415 14.40 14.41 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Ryanair Holdings PLC RYANAIR BUYS ANOTHER 10 BOEING 737 MAX 200s (5317I)

20/06/2017 11:15am

UK Regulatory


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TIDMRYA

RNS Number : 5317I

Ryanair Holdings PLC

20 June 2017

RYANAIR BUYS ANOTHER 10 BOEING 737 MAX 200s, BRINGING FIRM ORDERS TO 110 (WITH 100 OPTIONS OUTSTANDING)

Ryanair, Europe's No.1 airline, today (20 Jun) announced the purchase of 10 more Boeing 737 Max 200 "Gamechanger" aircraft, 5 of which will deliver in the first half of 2019, with the second 5 delivering in the first half of 2020. This new order, which is valued at more than $1.1 billion at current list prices, will, together with the existing firm order for 100 Max 200s (and 100 options), allow Ryanair to grow its traffic to 200m customers p.a. by 2024.

Ryanair's operates an all-Boeing fleet, the youngest in Europe, with an average age of six and a half years, and took delivery of its 450th Boeing aircraft in March 2017. These new Max "Gamechanger" aircraft will reduce fuel consumption by up to 16% and reduce noise emissions by 40%, while offering 4% more seats per flights (197 v 189) allowing Ryanair to lower fares even further, while ensuring that Ryanair remains Europe's greenest and cleanest airline.

Ryanair's Chief Operations Officer Mick Hickey said:

"We are pleased to announce this purchase of 10 additional Boeing 737 'Gamechanger' aircraft, on top of our existing firm order for 100 737 Max 200s, with a further 100 options remaining. This all new Max 737 aircraft has 8 more seats than our current 189 seat Boeing 737-800s and incorporates the latest technology engines and winglets which reduces fuel consumption and noise emissions, ensuring we remain Europe's greenest, cleanest airline. Ryanair is proud to partner with Boeing and has operated an all-Boeing fleet since 1994."

Boeing Commercial Airplanes' Senior Vice President, Global Sales & Marketing, Ihssane Mounir, said:

"The 737 MAX with 197 seats provides Ryanair with the perfect solution for its additional capacity requirements as it strives to carry 200 million passengers per year by the middle of the next decade. The 737 family has been the foundation on which Ryanair has revolutionised low-cost travel in Europe and we are honoured that this iconic operator continues to grow in partnership with Boeing."

ENDS

For further information please contact:

                                       Robin Kiely                            Piaras Kelly 
                                       Ryanair DAC                         Edelman Ireland 
                                       Tel: +353-1-9451949              Tel: +353-1-6789333 
                                       press@ryanair.com                ryanair@edelman.com 

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCSFUFAUFWSESM

(END) Dow Jones Newswires

June 20, 2017 06:15 ET (10:15 GMT)

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